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Find how much should a parker pen cost in canada

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Problem 1: Suppose that we expected that purchase power parity should hold between the United States and Canada. If the exchange rate between U.S. dollars and Canadian dollars is CanD1/US $0.64. If $ 7.2 purchases one Parker pen in the U.S. How much should a Parker Pen cost in Canada?

Problem 2: Solve: 5x+2y =16

x+8y = 26

Problem 3: You have Rs. 9,000 to deposit. ABC Bank offers 12 percent per year compounded monthly, while King Bank offers 12 percent but will only compound annually. How much will your investment be worth in 10 years at each bank?

Reference no: EM132938361

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